based on future earnings it's undervalued. IMO people are still afraid of the dilution. But the debt has been fully converted to shares as per the last quarterly CC. There is no more mass dilution. Just a few thousand shares for CEO compensation and that only comes if netsol is braking through the 50-60 mil revenue marker which is gonna put their p/e back to 5-6
people will wake up and smell the green , netsol is already touching 50 PKR on Pakistan double since the last few months, it will d the same here shortly
nice contract, good to see they are growing revenues. yes, dilution is a problem and they need to
show that growth in eps can outpace growth in shares. if you look at subsequent events, bottom of page 26 on the last 10-q, you will see more than just a few thousand stock options given out at
low exercise prices. They need to stop that. What is an acceptable share dilution per qtr, 4% or 6% or 8% ? i would like people to give an honest answer without name calling as it's a great question and affects future eps growth.